Vinyl ester market seen reaching $2.1 billion by 2030

A new Allied Market Research report projects the global vinyl ester market will nearly double to $2.1 billion by 2030, driven by demand for corrosion-resistant materials in flue gas desulfurization, pipes, tanks and other industrial uses. Asia-Pacific led the market in 2020, while LAMEA is expected to grow fastest through the end of the decade. Why it matters: - Vinyl ester demand is rising as chemical and water treatment operators look for materials that can withstand corrosive environments. - The market’s growth points to broader spending on industrial infrastructure, including flue gas desulfurization systems, pipes and storage tanks. - The report projects a global market of $2.1 billion by 2030, up from $1.1 billion in 2020. What happened: - Allied Market Research published a report on the global vinyl ester market covering type and application trends through 2030. - The study says the market will grow at a 6.5% CAGR from 2021 to 2030. - The report includes the company’s sample pages of the research overview . The details: - Flue gas desulfurization installations and demand for corrosion-resistant pipes and storage tanks are the main growth drivers. - Vinyl ester resins are used for chemical resistance, durability and mechanical strength in water treatment, chemical processing, transportation, and pulp and paper. - The market also faces headwinds from a shortage of skilled labor and the lack of standardized practices in some regions. - Stricter environmental rules and demand for sustainable industrial infrastructure are expected to support additional growth. - By type, Bisphenol A Diglycidyl Ether, or DGEBA, held more than half of global revenue in 2020 and is expected to stay the largest segment. - The brominated fire retardant segment is projected to post the fastest growth, with a 7.2% CAGR through 2030. - By application, pipes and tanks led the market in 2020 with nearly half of total revenue. - The pulp and paper segment is forecast to grow fastest at 7.5% through 2030. - The report says the pulp and paper industry’s use of acids, alkalis, bleaches and salts is driving adoption of FRP pipes and processing equipment made with epoxy vinyl ester resin. Between the lines: - The market mix suggests demand is shifting toward industrial uses where downtime and corrosion costs are high. - Asia-Pacific’s lead reflects heavy industrial demand, especially in China, across water and wastewater treatment, chemicals, pharmaceuticals, food processing and transportation. - LAMEA’s projected 7.7% CAGR signals that industrialization and economic development are opening new demand pockets outside the largest current markets. What’s next: - Allied Market Research expects Asia-Pacific to remain the largest regional market through the forecast period. - LAMEA is expected to be the fastest-growing region through 2030. - Key companies in the market include AOC, LLC, Ashland Global Holdings Inc., DIC Corporation, INEOS, Interplastic Corporation, Polynt, Reichhold LLC, Showa Denko K.K., Sino Polymer Co., Ltd. and Swancor. - The report also offers statistical data, graphs and key player strategies . The bottom line: - Vinyl ester is moving from a niche materials market to a broader industrial growth story, with corrosion resistance and regulatory pressure doing most of the work.